Ed B.
Feedback on this yearly return
I just made an offer on a SFH in which I was overbid by another buyer. If I had bought it here are the numbers I would have had in it:
$92,000 down payment
$40,000 to add two bedrooms and two bathrooms
$132,000 tota...
Gulliver R.
Are Airbnb and VRBO host fees tax deductible?
Hi all,I've read that Airbnb and VRBO hosts fees are tax deductible. I've found out how I can look up the host fees I've paid last year on Airbnb, but does any one know how to find that out on VRBO?Other than cleaning...
Jonathan Giglio
NOI Question (Taxes)
From my understanding, NOI is calculated as follows: NOI = Total income - total operating expenses
I am finding some contradicting information regarding what should and should not be included in operating expenses. M...
Kayla Bassett
Rental bank accounts?
Hey folks,I am full speed ahead to close on my first duplex in mid-January. Will be utilizing this as a house hack. I need to get my banking situated for property expenses and am looking for suggestions on the best wa...
Jacob Seim
Cincinnati, OH Fixed Landlord-Paid Expenses
Hello community.
I'm getting more and more comfortable running property analysis' using the BiggerPockets Rental Property Calculator. My wife and I plan to buy a duplex/triples this Spring and house hack on the East...
Derek Shearin
Cap Rate NNN question
I happened to find a property that the owners are offering a 20 year NNN Leaseback "Sale". They list the Cap Rate at 7.88%. On an apartment building, I understand that Cap Rates are calculated based on Net Operating I...
David Hare
Looking for Cash flow - wondering the expenses on STR
My wife and I are close to retirement. We have some money that we're looking to put into RE (about $450-500k) that we can use and rent out the rest of the time. One to be near one of our kids (in Acworth) in the Red T...
Geoffrey Murphy
Pay off Debt vs. Saving Money
Hey guys,
I have a quick question for my fellow BP members. I net around 2200 a month from my job and i have about $7,500 worth of debt.
How do i go about saving money every month versus paying off debt
Help pleas...
Scott P.
Can you not depreciate for taxes?
Hi,
I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...
Jeff Hogan
how do you do taxes
I'm a first time investor and my tenant just paid his first months rent. Typically how much do you set aside for Taxes?
Any suggestions so I don't make a rookie mistake?